Struggling UK lender Metro Bank in talks to sell loans
This is part of its efforts to strengthen finances after major error left a hole in its balance sheet
22 July 2019 - 16:30
Bengaluru — British lender Metro Bank is in talks to sell a portfolio of loans in its latest attempt to strengthen its finances after an accounting error hammered its shares.
The major loan book error in January left a hole in Metro’s balance sheet and wiped more than £1.5bn off its market value...
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